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3. helpp Equipment was acquired on January 1, 2024, for $24,000 with an estimated four-year life and $1,000 residual value. The company uses straight-line depreciation.

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3. helpp

Equipment was acquired on January 1, 2024, for $24,000 with an estimated four-year life and $1,000 residual value. The company uses straight-line depreciation. Which of the following entries would be used to record the sale of the equipment for $7,300 on December 31,2026? Multiple Choice

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